Comverse Expands Relationship With Telecom Italia Group for Enterprise Billing, Business Transformation
July 22 2014 - 7:00AM
Comverse (Nasdaq:CNSI), a global leader in enterprise and telecom
business enablement, today announced the recent successful
migration of fixed-line customers in an extension of its
relationship with Telecom Italia, the leading Italian ICT group.
The consolidation of the BSS ecosystem with Kenan FX will more
efficiently support the rating and billing of fixed and mobile
consumer and corporate customers in Italy.
Replacing a legacy competitor solution, this expansion includes
transfer of all charging functionality for corporate subscribers –
key contributors to business success – to the Comverse Kenan FX
solution. Comverse is also the prime systems integration
contractor.
Capitalizing on Business Opportunities, Cost
Efficiencies
"We believe that this further system consolidation, based on
previous integrations with Comverse, will help us to capitalize on
business opportunities and reduce costs," said Gianluca Pancaccini,
Telecom Italia Chief Information Officer. "Comverse has proven
itself over the years to be a strong and innovative partner for the
group in terms of effective product-based solutions and we look
forward to continuing mutual success."
"Comverse provides Telecom Italia with crucial agility to
support growth and efficiency of its enterprise business, while
enhancing every aspect of the customer lifecycle," commented Denis
Bernaert, Comverse Senior Vice President, and Managing Director
EMEA. "We value the trust we have earned from Telecom Italia over
the years, and will continue as prime contractor to help them meet
business objectives and maintain their unparalleled standards of
service excellence."
Extending the BSS Environment to Unlock
Value
Comverse recently announced a new release of the Comverse Kenan
FX billing solution, with additional capabilities that enable
service provider customers to extend their BSS environments to meet
evolving business needs and unlock value for both consumers and
businesses.
"The forward-looking product plans of the Comverse Kenan FX
billing solution are tailored to meet the evolving needs of our
existing customer base of over one hundred as well as new service
providers," said Robert Barrows, Comverse Enterprise and
Subscription-Based Billing Global Leader. "We offer our Kenan
customers and enterprises an effective set of options to leverage
Comverse's rich product and services offering to enhance, evolve or
transform their business support ecosystem to address today's
complex global business needs and embrace new opportunities."
Learn more about how Comverse BSS solutions can provide you with
agility to exploit new networks, markets, products, business models
and partnerships; contact us at www.comverse.com.
About Telecom Italia Group
Telecom Italia is the leading Italian ICT group and an important
player on the Latin American market, where TIM Brasil is a major
operator in the country.
Its offer is focused on advanced and integrated solutions for
consumers, businesses and institutions and includes:
telecommunications, internet, digital and media content, cloud
computing, office and system solutions. These are provided by
well-known and reliable brands, including TIM and Olivetti, through
which the Group maintains close links with its customers.
Telecom Italia strategy is based on innovation and the Group is
investing in the development of cloud computing and new generation
ultra-broadband fixed and mobile network.
About Comverse
Comverse is a leading global provider of telecom business
solutions that enable enterprise and communication service provider
success in the hyper-connected world through service innovation and
smart monetization. The company's proven and innovative product
portfolio includes BSS, Policy Management (PCRF) and Enforcement
and Digital & Value Added Services – all backed by Managed and
Professional Services. Comverse's extensive customer base spans
more than 125 countries with solutions successfully delivered to
over 450 communication service providers serving more than two
billion subscribers. Comverse's solutions are available in a
variety of delivery models, including on-site, cloud, hosted/SaaS
and managed services. For more information, visit
www.comverse.com.
Statements included or incorporated by reference in this press
release may contain "forward-looking statements." There can be no
assurance that any forward-looking statements will be achieved, and
actual results could differ materially from forecasts and
estimates. Important factors that could affect the company include
the risks described in the section entitled "Forward-Looking
Statements" Item 1A, "Risk Factors" and elsewhere in the company's
Annual Report on Form 10-K filed with the SEC on May 16, 2013 or in
subsequently filed periodic, current or other reports. The company
undertakes no commitment to update or revise forward-looking
statements except as required by law.
CONTACT: Thomas Sabol
Comverse, Inc.
thomas.sabol@comverse.com
+1-781-224-8200
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